Costamare Inc. (CMRE) Q4 2024 Earnings Call

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WEBVTT 00:00:01.415 -- 00:00:06.100 Thank you for standing by, ladies and gentlemen, and welcome to the Costa Mare Inc. 00:00:06.100 -- 00:00:10.223 conference call on the fourth quarter 2024 financial results. 00:00:10.223 -- 00:00:14.870 We have with us Mr. Gregory Zekos, Chief Financial Officer of the company. 00:00:14.870 -- 00:00:17.855 At this time, all participants are in listen-only mode. 00:00:17.855 -- 00:00:22.161 There will be a presentation followed by a question-and-answer session, at which time, 00:00:22.161 -- 00:00:26.848 if you were to ask a question, please press star then 1 on your telephone keypad and 00:00:26.848 -- 00:00:31.455 wait for your name to be announced. I must advise you that this conference is being recorded 00:00:31.455 -- 00:00:35.722 today, Wednesday, February 5, 2025. 00:00:35.722 -- 00:00:39.768 We would like to remind you that this conference call contains forward-looking statements. 00:00:39.768 -- 00:00:43.934 Please take a moment to read slide number two of the presentation, which contains the 00:00:43.934 -- 00:00:48.137 forward-looking statements. We'll pause one moment. 00:00:56.833 -- 00:01:00.418 Thank you. I will now pass the floor over to your speaker today, Mr. 00:01:00.418 -- 00:01:03.583 Zicos. Please go ahead, sir. 00:01:03.583 -- 00:01:05.860 Thank you, and good morning, ladies and gentlemen. 00:01:05.860 -- 00:01:09.845 During the fourth quarter of the year, the company generated an adjusted net income of 00:01:09.845 -- 00:01:13.149 about 82 million. Our 00:01:13.149 -- 00:01:18.395 liquidity stands at around 940 million after repaying during the year a fixed rate bond 00:01:18.395 -- 00:01:23.521 of Euro 100 million and also redeeming the Series E prefer stock of 115 00:01:23.521 -- 00:01:28.707 million dollar...